BSE inks MoU with Korea Exchange, lists derivatives contracts

The BSE has entered into a memorandum of understanding (MoU) with the Korea Exchange (KRX) in Seoul to extend their co-operation by listing S&P BSE Sensex-based derivatives contracts. The agreement will further the development of derivatives markets in India and South Korea. It will encourage the sharing of information, and foster new opportunities for the exchanges and their respective issuers.  

The MoU also includes information-sharing by both parties to promote each other's understanding of the products' listing process and the functioning of the markets .

BSE and KRX will support each other for investor-relation activities of cross-listed products and assist with cross-border supervision and enforcement.

They will conduct joint research in the area of derivatives markets and support the development of new products, among others.